Tron (TRX) Launches Its First Game, Thanks to BitGuild

Justin Sun, CEO and founder of the TRON Foundation, recently announced the first blockchain game based on the TRON network to the world. The game is called Magic Academy and was developed by BitGuild.  The tweet can be found below: 

The team at BitGuild consists of cryptocurrency and gaming experts from all over the world, including former employees of Facebook, Reality Squared Games, and other well-known and reputable tech companies. Justin Sun also serves as an advisor to the company.

The company believes blockchain would help verify the integrity of transactions in the gaming sector, an industry that is riddled with fraud in general, to the tune of billions being lost annually.

BitGuild’s focus is on the fact that players will be able to customize their players and digital assets more than ever, and developers can also create and sell digital assets in a more secure fashion thanks to blockchain technology. Blockchain technology will also allow digital assets to be verified in terms of their value and scarcity, which led to a rise in interest in the CryptoKitties game in late 2017.

The game Magic Academy revolves around wizards, and the team elaborates that “by buying wizards, you can upgrade your currency in this magic world”. Similar to other video games, there will be a ranking list, listing the production speed of players worldwide. There will also be rare item prizes to provide incentive to gamers, as well.

Recent Tron Progress 

TRON has certainly been busy, and Justin Sun updated investors and enthusiasts during a live stream on September 29 regarding TRON developments. During the live stream, he made various announcements and updates.

First, he pointed out that Tron had burned 98% of its ERC20 TRX tokens – amounting to around 97 billion tokens - since Tron has migrated away from the Ethereum blockchain. He also elaborated on how exactly he hoped that Tron would integrate with BitTorrent, which he purchased recently. During the stream, he also boasted that Tron had gained more users in the days after its Mainnet launch when compared with Ethereum in 2015.

Time will tell whether Magic Academy is a success, and catches on with gamers, although the association between Tron and BitGuild certainly has potential.

TRON’s Justin Sun Giving Away $1.2 Million for UBI, 50,000 TRX to Telegram Group

Michael LaVere
  • TRON's Justin Sun is supporting US presidential candidate Andrew Yang's UBI by giving $1.2 million to 100 people in 2020.
  • Sun and the TRON Foundation also announced a 50,000 TRX ($75K) giveaway through the official TRON telegram group.

TRON founder Justin Sun has announced that he will be giving away $1.2 million to 100 people next year to support U.S. presidential hopeful Andrew Yang’s universal basic income (UBI) program, in addition to kicking off a 50,000 TRX ($75K) giveaway for users of the cryptocurrency’s Telegram group. 

Sun Supporting Andrew Yang’s UBI

Sun, who paid $4.6 million earlier in the year to host a charity lunch with Warren Buffett, has now pledged to give $1.2 million to 100 people in 2020. TRON's founder also announced that one of the 100 selected for the giveaway will be invited to his charity lunch, which was originally postponed after Sun came down with kidney stones. 

Sun has asked U.S. presidential candidate Andrew Yang for assistance in the selection process. Yang, who has a background in entrepreneurship, has built his campaign upon the idea of universal basic income (UBI), which would guarantee U.S. citizens a monthly stipend. In addition to championing the idea on the campaign trail, Yang has pledged to distribute $1,000 per month to 10 people for the next year. 

Sun has taken the movement a step forward, by pledging to support 100 people at $1000 per month for the entirety of 2020.

TRX Telegram Giveaway

In addition to promoting UBI and Andrew Yang’s cause, Sun also announced the start of a 50,000 TRX giveaway, worth $75K, for community members using TRON's telegram channel. According to tweets published by Sun and the TRON Foundation on Sept. 16, TRON supporters can gain TRX by joining and inviting others to the coin’s official Telegram group. 

In order to qualify for the promotion, users will need to engage in a conversation with the @TRONEnBot through the telegram application. From there, the TRX payout will be tied to the number of invited users who join the Telegram group. The first and second place prize are worth 5000 and 2500 TRX, respectively, with the remaining 32,500 TRX being split among the rest of users.

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